Property summary
This exceptional investment opportunity presents a four-unit office building complex located at 1111 and 1115 Lexington Avenue in Mansfield, Ohio. The property consists of two buildings, each housing two units, totaling 4 units for sale as a single package. The buildings offer a combined off-street parking lot and garage parking, providing ample space for tenants and visitors. Currently configured as office space, this property presents significant potential for conversion to residential use, catering to a diverse range of buyers and investors. Two of the four units are currently occupied, generating immediate rental income. The property's prime location in Mansfield offers easy access to local amenities, transportation routes, and a thriving community. This is an ideal opportunity for an investor seeking a multi-unit property with strong rental potential and the flexibility to adapt to changing market demands. The asking price for this unique package is $310,000. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-situated, multi-unit property in a desirable location. Don't miss out on this chance to expand your investment portfolio or develop a unique residential or commercial venture. Contact us today to schedule a viewing and explore the possibilities.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Counselor Psychiatrist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight